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Posts Tagged ‘ATK’

ATK Purchases Bushnell

Tuesday, November 5th, 2013

Let’s hope this goes better for Bushnell than it did for Eagle.

US Munitions maker Alliant Techsystems (ATK) has completed the acquisition of gun accessories company Bushnell Group Holdings, ATK announced on 4 November.

According to ATK the USD985 million transaction closed on 1 November and Bushnell will now be integrated into ATK’s Sporting Group. The deal was first announced on 5 September.

The acquisition means the Sporting Group will account for about 45% of total ATK revenue. It is part of ATK’s broader strategy to grow in the hunting and outdoor lifestyle market as it looks to compensate for cuts to defense and government sales.

The Bushnell acquisition is the second sporting goods deal undertaken by ATK in 2013, following the USD315 million purchase of Caliber Company in May.

Maneuver Conference – Trigger Point Technology

Tuesday, September 18th, 2012

Trigger Point Technologies’ new Tactical Rail Accessory Management System streamlines your rifle and pistol by integrating accessory control via a common trigger finger switch.

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Available in Basic and Advanced models, TRAMS eliminates all of the various pressure switches that you traditionally mount to your weapon. The basic model relies on an ambidextrous button switch mounted to the mag well. The Advanced model moves control directly to the trigger. Additionally, TRAMS offers a thumb wheel which is used with both models to switch control between the various devices and functions.

TRAMS also offers cord control via proprietary Shepard clips.

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www.triggerpointtechnology.com

ATK Awarded $2.5 Billion Ammo Contract

Tuesday, April 3rd, 2012

Alliant Techsystems Operations, LLC, Independence, MO, was awarded a $2,541,000,000 fixed-price economic-price-adjustment contract. The award will provide for the procurement of 5.56 mm small caliber ammunition. Work will be performed in Independence, MO, with an estimated completion date of September 14, 2013. One bid was solicited, with one bid received. The US Army Contracting Command, Rock Island, IL, is the contracting activity (W52P1J-09-D-0027).

A Factory Closes And People Are Playing

Friday, March 30th, 2012

We see good and bad come out of comments. Today, we saw some bad. ATK recently announced the closing of the Eagle Industries plant in Fenton, Missouri, resulting in 325 workers losing their livelihood. Unfortunately, an SSD reader thought it would fun to create several comment logins and portrayed themselves not only as an employee of Eagle but also as a representative of another St Louis-based company. The comments were off color, and SSD would like to apologize to both companies, as well as the Eagle employees for the actions of the perpetrator. As you can see, they all share the same Cingular wireless IP and they are not in St Louis.

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ATK’s Eagle Industries Closing Fenton Factory

Thursday, March 29th, 2012

Yesterday, Eagle Industries parent company ATK announced that they were closing the Fenton, Missouri factory in the next 60-90 days which has been in operation since 1989. About 325 workers will lose their jobs as Eagle begins to adapt to this new environment of decreased defense spending. Eagle will maintain an administrative presence in Fenton which will include research and development as well as business development. ATK has two additional Berry compliant production facilities in Puerto Rico which will continue to service Government contracts as well as a facility in the Dominican Republic.

ATK is also closing the former “Outers Laboratory” factory in Onalaska, Wisconsin which makes weapons cleaning products as well as rifle mounts and stocks. That facility has been producing equipment since 1933 under various owners and in the case of this closure, 130 will lose their jobs.

Unfortunately, this is a reality of the new resource constrained defense environment. As there are fewer procurement dollars available, the services will concentrate on refit and refurbishment as well as modernization of major end items such as trucks, tanks, aircraft, and ships. Less will be spent on clothing and individual equipment. In the case of most Soldier Systems products, they must be produced in the US. Cut backs mean there will be fewer domestic textile related jobs. Companies will be forced to make difficult decisions balancing revenues and costs. Make no mistake, in some cases, this will result in lost jobs.

www.eagleindustries.com

ATK Awarded XM25 Contract

Monday, March 28th, 2011

Back in early February we published a story about the deployment of three of the 25mm XM25 Counter Defilade Target Engagement Systems to Afghanistan for a Forward Area Operational Assessment. Word was that the weapons were performing well and the only real question was how to fund additional development of the system.

System developer ATK has announced today that they were awarded a 30 month, $65.8 Million contract for the Engineering and Manufacturing Development Phase by the US Army. EM&D is the next step toward full development and fielding for a program of record. The technology behind the XM25 is impressive. The system includes not only the basic weapon and ammunition but also target acquisition and fire control systems which integrate the thermal sight with direct-view optics, laser rangefinder, compass, fuze-setter, ballistic computer, laser pointer and illuminator.

“The XM25 provides the soldier on the ground a precision weapon to quickly and accurately engage targets behind cover or exposed targets, at ranges and accuracies not seen in today’s small arms,” said Bruce DeWitt, Vice President and General Manager of ATK’s Advanced Weapons Division. “A soldier using basic rifle marksmanship skills can effectively engage targets in less than five seconds while also reducing the chances for collateral damage.”

Interestingly, ATK is referring to the XM25 as the Individual Semi-Automatic Airburst System rather than the Counter Defilade Target Engagement System that we have seen in times past.

In addition to program lead ATK, the team also includes Heckler & Koch and L-3 Brashear.

Learn More About the XM25

Wednesday, October 27th, 2010

Kit Up! sourced some excellent marketing footage of the ATK/HK XM25 Counter Defilade Engagement System in action. As we posted earlier this month, a small number of XM25s are headed downrange to spank some Taliban ass. Go check out the video and see why the Taliban should just give up now while there’s still hope.

ATK Industry Days

Wednesday, June 16th, 2010

Wow, now this I file under interesting, the first Official Open Invitation event since ATK purchased Blackhawk is fast approaching. They have scheduled an Open house on board the US Training Center, (formerly Blackwater) bringing ATK, Blackhawk, and Eagle out for all to see, touch, and talk about. This not just about nylon. ATK is a huge ammunition conglomerate and they will offer ballistic gel shoots as well as Force on Force demos. Naturally, the latest Blackhawk and Eagle gear on hand with 8 ATK personnel to answer questions. SSD will be on hand so stay tuned for our follow up report for those who can’t attend.

ATK Industry Days

ATK Purchases Blackhawk

Monday, April 12th, 2010

ATK has purchased Blackhawk Products Group for an undisclosed sum. (Whew, it’s nice to finally be able to say that after sitting on that story all weekend.) In a move that begs more questions than answers, ATK has purchased another of the major players in the tactical nylon industry. Almost a year ago they purchased Eagle Industries but with the purchase of BPG they also get a manufacturer of apparel, footwear, hydration, sleep systems, armor, and weapons accessories.

Cats and Dogs Living Together…while some might see Eagle and Blackhawk long rivals in the tactical industry, under the same corporate umbrella as a sign of the end times, it is not. Just interesting times.

So this obviously begs the question, will ATK consolidate these concerns or will they follow the lead of Armor Holdings, gobbling up companies and allowing them to continue to compete even under their umbrella?

In closing we would like to say, “Congratulations Mike!” and we look forward to seeing what this new future brings to ATK, BPG and the industry as a whole.